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Mohawk (MHK)
NYSE:MHK
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
2.6Last Year’s EPS
3Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: 1.22%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While Mohawk Industries demonstrated strong earnings and productivity improvements, significant revenue decline, market challenges, and tariff impacts posed considerable headwinds.Company Guidance
During the Mohawk Industries First Quarter 2025 Earnings Conference Call, the company provided guidance for the second quarter of 2025, anticipating adjusted earnings per share (EPS) to be between $2.52 and $2.62, excluding any restructuring or one-time charges. The first quarter reported sales were $2.5 billion, a 5.7% decrease as reported, yet nearly flat on a constant currency basis. The company noted productivity gains and restructuring actions offsetting pricing pressure and higher input costs, leading to an adjusted EPS of $1.52. They highlighted the impact of new tariffs on Chinese imports, estimating annualized costs of $50 million, which they expect to mitigate through price increases and supply chain adjustments. Gross margin stood at 23.1% as reported, with an adjusted SG&A expense of 19.2% of sales. The company also completed stock repurchases amounting to $26 million and continued to focus on enhancing their operational efficiencies and product innovations.Solid Earnings Despite Revenue Decline
Mohawk Industries reported earnings per share of $1.52, benefiting from productivity gains, restructuring actions, and a lower tax rate, despite a 5.7% decrease in sales.
Successful Restructuring Actions
The company completed restructuring actions that will generate approximately $100 million of savings this year, contributing to an adjusted operating margin of 4.8%.
Strong Domestic Manufacturing Position
Mohawk's substantial domestic operations in ceramic tile, carpet, laminate, sheet vinyl, LVT, and quartz countertops are seen as advantageous in light of increased tariffs.
Productivity Improvements
Productivity improvements contributed $51 million, helping offset higher input costs.
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MHK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MHK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 01, 2025 | $106.45 | $104.69 | -1.65% |
Feb 06, 2025 | $121.97 | $120.33 | -1.34% |
Oct 24, 2024 | $151.87 | $130.88 | -13.82% |
Jul 25, 2024 | $134.50 | $160.71 | +19.49% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Mohawk (MHK) report earnings?
Mohawk (MHK) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Mohawk (MHK) earnings time?
Mohawk (MHK) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MHK EPS forecast?
MHK EPS forecast for the fiscal quarter 2025 (Q2) is 2.6.
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